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Nearly 60,000 homes in the UK are at risk of repossession, government figures reveal. Data from the Housing statistics 2007 report, published last week by the Department for Communities and Local Government, show that almost 60,000 families with monthly disposable incomes below £1,000 are shelling out a staggering £750 a month on mortgage repayments. Julia […]

Chelsea will be withdrawing its currennt sub-prime Prospect range from close of business today.It will be introducing new sub-prime rates via Prospect tomorrow.The rates will be available on the website from Tuesday morning. All other Chelsea mortgage products remain unchanged.Prospect applications on the current range must be submitted by 5pm today to secure the rate.

The Association of Mortgage Intermediaries is campaigning for individual registration to prevent fraudsters entering the broker market.At the Mortgage Product Positioning and Development Conference held in association with Mortgage Strategy last week, Richard Farr, director of AMI, says: “We’re lobbying for individual registration.“All too often you see brokers who have been struck off the register […]

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?